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this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would take a big hit, but because of a windown in afghanistan some military leaders are asking for less than congress is willing to shell out. from 1990 to 1999 defense spending decreased by 1% a year. this weakened military is nonsense. jim we have like what 27,000 times to blow up the country with the next amount of nukes. >> and we still have massive armies in europe protecting them from a massive soviet union. >> yeah. >> korea is another issue -- we do need people there. >> stephanie: right, but he points out who is behind all of this fiscal cliff cage rattling. the rich and their f
this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would...
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it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you know what he is? he's someone who gets it done. brought to you by granger. >> oh, my god! >> stephanie: that's right. with over 900,000 products for the ones who get it done. >> representative tim walz -- >> stephanie: nothing but net on that one. >> i wonder if he's related to -- >> no. >> inglorious basterds and carnage. >> stephanie: a complaint letter from ron in geneva, illinois. you guys, i object in the strongest possible terms tho who is who insinuate chicago punks are a bunch of gangsters. i'm attaching a photograph of my grandfather standing on the chicago lakeshore who, as far as i kno
it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you...
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the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine, woe ho ♪ ♪ i'm walking on sunshine woe ho ♪ ♪ it's time to feel good ♪ ♪ hey all right now ♪ ♪ it's time to feel good ♪ >> stephanie: the president and boner having a little private time little man-o-and man-o. >> man-o and man-o. >> stephanie: whatever. i hope the president is being serious -- >> i remain flabbergasted flabbergasted! >> stephanie: stephaniemiller.com check it out, you can email us all there. sexyliberal.com, rolland sexy liberal tour director, if it's possible the washington, d.c. n
the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the...
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. >> wait a minute, economic activity and the economy boomed. clinton in 1993 did another tax increase. then it must have crashed right? let's see what happens. whoa, it went up again. interesting, right? then of course, we have a bubble in terms of the tech crash you remember in 2000. it went down a little bit, but then we had a tax cut in 2001 under george w. bush. after the tax cut obviously it's going to do much better. let's see how that goes. what? after the second tax cut in 2003, a dramatic dive down in the economy. when you look at this, it is obvious when the republicans say hey, if you do tax cuts, it creates jobs, we have a long record of that not being the case. when they say if you increase taxes, oh, you're going to destroy jobs, what are you doing? we have a long record of that not being the case. but none the less, i want to go back one more time to christopher cox in 1993. here was his prediction what would happen to the economy if we cut taxes: >> cenk: wrong again cox. so, they were wrong before, they're wrong again today. an
. >> wait a minute, economic activity and the economy boomed. clinton in 1993 did another tax increase. then it must have crashed right? let's see what happens. whoa, it went up again. interesting, right? then of course, we have a bubble in terms of the tech crash you remember in 2000. it went down a little bit, but then we had a tax cut in 2001 under george w. bush. after the tax cut obviously it's going to do much better. let's see how that goes. what? after the second tax cut in 2003,...
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>> we think we are one of the last remaining organizedd forces in the economy that fight to invest that revenue and get the people back to work. because the private sector by itself is not generating the millions of more jobs. so it's about jobs and making sure we do not cut vital services to the people desperately need them. it's not just about the services, but it's also about stabilizing the employment of people in the healthcare and social security sector. so we have got to get back to work and protect services. that's why we think it's incumbent on us to have this fight as well. >> thank you for your time thank you for your time. next any time a right to work battle props up the meddling koch brothers are sure to pop up. and from cory booker to ted cruz to hillary clinton it seems the most interesting head figures these days are drank the kool-aid. and we'll give you a few gift ideas to help bury the hatchet. ♪ >>> it's not just governor snyder and michigan republicans that unions are battling you'll never guess who is funding their efforts. that's right think kochtopus. they do
>> we think we are one of the last remaining organizedd forces in the economy that fight to invest that revenue and get the people back to work. because the private sector by itself is not generating the millions of more jobs. so it's about jobs and making sure we do not cut vital services to the people desperately need them. it's not just about the services, but it's also about stabilizing the employment of people in the healthcare and social security sector. so we have got to get back...
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republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with senators and their guests. more "bill press" is coming up after our break. see you then. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. an impact beyond just informing. an impact that gets people to take action themselves. as a human being that's really important. this is not just a spectator sport. before the sneeze, help protect wi
republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with...
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he was willing -- is willing to cause, quote unquote, serious obstructions in the economy. he was asked on fox news despite not raising the debt ceiling would cause serious problems, he said i'm willing to do that in order to get serious cuts to social security and medicare. bye-bye [ applause ] >> stephanie: senator lindsay graham. >> i met with jim demint this morning, and to say i was stunned is an understatement. he has always been a friend somebody i could count on. we have really enjoyed our time together. >> wait a minute go back. >> stephanie: once again, another stunned moment for me! vapors. >> we had some wonderful times together. >> something tells me that lindsay graham has clutched some pearls before. >> as god as my witness i will never go hungry again. >> compared to jim demint is a stark-raving mad liberal. >> stephanie: and senator harry reid. >> i have always liked the guy, and even though i disagree with so much of what he has done, i appreciate -- i personally believe he does this out of a sense of real belief. i like jim demint and wish him well. [ ina
he was willing -- is willing to cause, quote unquote, serious obstructions in the economy. he was asked on fox news despite not raising the debt ceiling would cause serious problems, he said i'm willing to do that in order to get serious cuts to social security and medicare. bye-bye [ applause ] >> stephanie: senator lindsay graham. >> i met with jim demint this morning, and to say i was stunned is an understatement. he has always been a friend somebody i could count on. we have...
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that was a huge mistake the financialization of our economy. that's what led to the cataclysm in 2008. perhaps more important, the point you made, you're right there are a lot of people who are trying to create the fear, the cassandras that i referred to the top of the show who are behind that argument who say now you must do what we want. they want corporate tax cut. am i right? they're sliding something in there that is not directly related to the issue that we're supposed to be directing. >> everyone is doing that. doing the negotiation with the union or any other negotiation you start off with what speaker boehner is calling your la la land proposal. you start off with what you want, and then you work from there. both sides have staked out their dream position, and that's not where we're going to wind up, but that's where you starter and it's kabuki theater, as you said. >> eliot: the components that may not be a cliff or a slope the see questions trace that kicks in, that will have a slow impact. it's not like the defense department will s
that was a huge mistake the financialization of our economy. that's what led to the cataclysm in 2008. perhaps more important, the point you made, you're right there are a lot of people who are trying to create the fear, the cassandras that i referred to the top of the show who are behind that argument who say now you must do what we want. they want corporate tax cut. am i right? they're sliding something in there that is not directly related to the issue that we're supposed to be directing....
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that investment in and of itself is good for the economy. it is the extraction over the last decade that's actually really harmful where people are skimming the short-term -- like shorting airlines or something. [ ♪ "world news tonight" ♪ ] >> stephanie: i'm confused. i thought yesterday we had a -- california was banning gay repairtive therapy which is dangerous. two federal judges have arrived at opposite conclusions on whether the state's first of its kind law prohibiting therapist from changing them violates the constitution. i don't actually know what's happening because i thought the ban went into effect. i thought no barbarians would be disciplined. >> bar wearians need to be ed -- educated. they need to be disciplined. >> i need a corn dog right now. >> with a corn dog. that's terrible discipline. >> stephanie: 45 minutes after the hour. back with the remaining moments of hump days with hal sparks on "the stephanie miller show." >> this is all very strange. >> i agree. something's not right. >> announcer: it's "the stephanie mill
that investment in and of itself is good for the economy. it is the extraction over the last decade that's actually really harmful where people are skimming the short-term -- like shorting airlines or something. [ ♪ "world news tonight" ♪ ] >> stephanie: i'm confused. i thought yesterday we had a -- california was banning gay repairtive therapy which is dangerous. two federal judges have arrived at opposite conclusions on whether the state's first of its kind law prohibiting...
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what are people -- >> we're talking about economy. big, big story that is breaking this morning. >> bill: uh-oh. >> apple computers is going to resume manufacturing in the united states. they have all of their products now being built in china and tim cooke, who replaced steve jobs and very rarely gave interviews, gave an interview to nbc he announced next year we'll do one of our existing mac lines in the united states. they're going to start creating some jobs here in america. >> bill: you know, that's a bfd. >> great news. >> seriously. >> bill: it is great news. we knew shortly before he died, steve jobs was at a very small dinner of high tech leaders with president obama in silicon valley and steve jobs says those jobs are never coming back, mr. president. stop talking about it. they ain't coming back. >> he was wrong apparently. >> bill: well, that was his policy and now somebody else is in charge. >> this is going to be building apple computers. they're still going to be building iphones and eye pats in china which makes up mos
what are people -- >> we're talking about economy. big, big story that is breaking this morning. >> bill: uh-oh. >> apple computers is going to resume manufacturing in the united states. they have all of their products now being built in china and tim cooke, who replaced steve jobs and very rarely gave interviews, gave an interview to nbc he announced next year we'll do one of our existing mac lines in the united states. they're going to start creating some jobs here in...
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will we build an economy that pays workers enough to support a family or will we use the government to subsidize people's wages through food stamps and other support. today, we're not doing either one. in michigan, i signed a bill to raise the minimum wage to $7.40 an hour. that was six years ago. it needs to be raised again. the federal minimum wage is lower than that. it is now just $7.25 an hour. try, just try imagine earning $7.25 an hour and paying a mortgage or rent try living on $7.25 an hour and buying food, much less acquiring transportation in some way. forget clothing. that's a total luxury. this is a moral issue. but it is also an economic issue that's going to determine the vitality of our nation's recovery from recession. joining me now are two champions of the living wage fight. jonathan westin, director of fast food forward an organization that helped organize the strikes in new york. and linda archer is a current mcdonald's employee who's joined in the fight for better wages. they're joining us from new york. great to have you both inside "the war room" to share your s
will we build an economy that pays workers enough to support a family or will we use the government to subsidize people's wages through food stamps and other support. today, we're not doing either one. in michigan, i signed a bill to raise the minimum wage to $7.40 an hour. that was six years ago. it needs to be raised again. the federal minimum wage is lower than that. it is now just $7.25 an hour. try, just try imagine earning $7.25 an hour and paying a mortgage or rent try living on $7.25 an...
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." >> america's number one economy is drug abuse. >> do your own thing has been replaced in the 80s by just say no. >> the only thing that i've ever been is an ex-drug user. >> do you have any narcotics or drugs in here? >> not any more. >> even in the transports they say i'm in here because i did these movies. >> federal agents raided the actor's home. >> tommy chong was sentenced nine months to prison for selling bongs on the internet. finally the terror alert can go back to green. >> cenk: he's in the studio now. hey, tommy how are you doing. >> good. >> cenk: tommy does a podcast called the chong show that talks about the legal impact of marijuana. >> surprise, surprise. >> cenk: so you are preeminent expert on this issue. >> yes. >> cenk: how much of a difference do you think the laws in washington and colorado are going to make? >> huge, huge difference. it's going to bring about the legalization of hemp. you'll be able to grow hemp in this country again. >> cenk: well, i know the founding fathers would have been very much against that. >> yeah, right jefferson. >> cenk: yes, was
." >> america's number one economy is drug abuse. >> do your own thing has been replaced in the 80s by just say no. >> the only thing that i've ever been is an ex-drug user. >> do you have any narcotics or drugs in here? >> not any more. >> even in the transports they say i'm in here because i did these movies. >> federal agents raided the actor's home. >> tommy chong was sentenced nine months to prison for selling bongs on the internet....
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with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being sufficiently revolutionary. >> he thinks someone made him king. he doesn't have the mandate that he thinks he does. i think he takes us over the cliff because he has got blinders on. he doesn't see where he stands in the universe. >> jennifer: or where he stands? where the president stands? he's leader of the free world for goodness sakes. but back to the tea party senator jim demint, who was riding first class on the tea party express, he tweeted that boehner's propose is an $800 billion tax hike that will destroy jobs and allow politicians to spend even more. not so fast, demint. there is yet another front in this revolution. conservative columnist jennifer ruben dismissed demint's rhetoric
with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being sufficiently revolutionary. >> he thinks someone made him king. he doesn't have the...
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. >> bill: and grow the economy. put it in the hands of the wealthiest 2% and all they do is sit on it. we had eight years under bill clinton. tax rates were high and we had 22 million new jobs. eight years under george bush and disaster. igor volsky, great to see you again, my friend. thanks for coming in. thinkprogress.org. and we'll be right back. >> announcer: radio meets television. the "bill press show." now on current tv. that viewers like about the young turks is that we're honest. they can i think that the audience gets that this guy, to the best of tell them it's like being nestled in an eight-way, adjustable, heated and ventilated seat surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ >> announcer: taking your e-mails on any topic at any show." live on your radio and current tv. >> bill: hey, lots of comments and responses to our question, we asked at the very top of the hour. should the kkk be allowed to adop
. >> bill: and grow the economy. put it in the hands of the wealthiest 2% and all they do is sit on it. we had eight years under bill clinton. tax rates were high and we had 22 million new jobs. eight years under george bush and disaster. igor volsky, great to see you again, my friend. thanks for coming in. thinkprogress.org. and we'll be right back. >> announcer: radio meets television. the "bill press show." now on current tv. that viewers like about the young turks is...
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he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is for the government to spend more, not less. and for taxes to stay lor owe become lower on the m
he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy....
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getting the money to grow the economy and unleash the power. she didn't know if a top tax rate of 37% would bring in sufficient revenue. >> handouts. entitlements. social security. >> social security? >> stephanie: can't say that. too many ss. >> the 47%. >> stephanie: okay. >> drunk uncle. >> stephanie: the white house has said 39.6% is its preference but has not ruled out 37%. [ wah wah ] the white house believes it has the leverage because it is willing to go off the cliff which is what they have said. that's why i don't get why we compromise on the rate. why wouldn't we go off the cliff and get the rate we're supposed to get and fix it two weeks into january or whatever. hmm. boehner and obama spoke wednesday. but let's see. blah blah, blah. top administration official visited house republicans thursday to say the president isn't budging. boehner facing reporters asked when the about the would take a step toward us. >> come on. >> stephanie: really? >> he's gotta compromise. >> stephanie: okay. >> we're not going to compromise. >> if we wer
getting the money to grow the economy and unleash the power. she didn't know if a top tax rate of 37% would bring in sufficient revenue. >> handouts. entitlements. social security. >> social security? >> stephanie: can't say that. too many ss. >> the 47%. >> stephanie: okay. >> drunk uncle. >> stephanie: the white house has said 39.6% is its preference but has not ruled out 37%. [ wah wah ] the white house believes it has the leverage because it is...
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. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of dennis ] silence. ♪ ♪ ask an allstate agent about the safe driving bonus check. are you in good hands? >> eliot: you've got to give credit to alan simpson. the 81-year-old retired senator is pressuring congress to lower the debt, he's reaching out to the internet generation. all i can say is the man from wyoming knows a thing or two about riding a horse. [ ♪ music ♪ ] >> stop instagramming your breakfast and tweeting your first world problems and getting on youtube so you can see gangnam style. [ ♪ music ♪ ] >> and start using those precious social media skills and go out and sign people up on this baby, three people a wee
. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of dennis ] silence. ♪ ♪ ask an...
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that will devastate our local economy. >> at the end of the year. >> yes. something has to be done. >> putting things in reference basically? and you hear the word certainty all the time. right? talk about uncertainty for american businesses? right? >> unnecessary. it's unnecessary. i think people around the world, around the globe are looking at us for some leadership and resolution here now isn't the time. we are past the election season. let's get to work now. >> that's what the president wants to do. >> that's what the american public wants him to do as well. >> that's why he is going out today speaking in detroit to talk to workers. ible auto workers today. >> yeah. at the dangler detroit diesel detroit plant, he will be there this afternoon. secretary hilda solis in studio with us. your calls your comments welcome with those encouraging job numbers on friday. when we come back madam secretary, i would like to get your take on what is happening in michigan where the governor and the legislature in one day, on friday, said we are going to turn michigan
that will devastate our local economy. >> at the end of the year. >> yes. something has to be done. >> putting things in reference basically? and you hear the word certainty all the time. right? talk about uncertainty for american businesses? right? >> unnecessary. it's unnecessary. i think people around the world, around the globe are looking at us for some leadership and resolution here now isn't the time. we are past the election season. let's get to work now....
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. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716 billion out of medicare -- >> stephanie: right, remember that. thank you, you are the smartest boy in class. [ bell chimes ] >> i'm flabbergasted that they did that! >> stephanie: yes. mernii in michigan. hi, merni. >> caller: hi steph. i'm going to take you off of speaker. >> stephanie: all right. thank you go ahead. >> caller: i wanted to make a follow-up to one of the things that you just brought up that these businesses like wal-mart and a lot of them don't want to pay more than basically minimum wage and then not even have people working a full -- you know a full workweek. >> stephanie: right. >> caller: and basically they -- on top of that they are forcing the
. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716 billion out of medicare -- >> stephanie: right,...
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with the economy, it isn't fair blah, blah, blah. we have heard this for months. longs longer than months. now that obama won, he has this new leverage. he's got a lot going for him finally, and he has the cojones to put a deal on the table as a starting bid in the negotiations that isn't already caving. this is the first. republicans are acting like we were saying during break that john boehner was flabbergasted by the proposal the democrats put forward. i think if anyone who has been following this is flabbergasted at anything, it's that obama put forward plan that is look a true wish list instead of an already- half-caved starting point. >> here is boehner on fox"fox news sunday," his reaction to the president's plan and jay carney showed us last week has been out there for a long time. >> right. >> it's in print. it's online. if they have electricity, they could read it and john boehner says: >> i was just flabbergasted. i looked. you can't be serious. i have just never seen anything like it. we have seven weeks between election day and the end of the year. an
with the economy, it isn't fair blah, blah, blah. we have heard this for months. longs longer than months. now that obama won, he has this new leverage. he's got a lot going for him finally, and he has the cojones to put a deal on the table as a starting bid in the negotiations that isn't already caving. this is the first. republicans are acting like we were saying during break that john boehner was flabbergasted by the proposal the democrats put forward. i think if anyone who has been...
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if they have to push this economy off a cliff in order to protect billionaires, many are willing to do it. >> it didn't last long? did it? karl, last week, all the big story was four or five said we are ready. >> a few got removed from committees and everybody was back in line. >> they come out with this plan that john boehner basically is saying, no, no no. we are still -- grover is still calling the shots. he is. right? >> january 3rd, the new congress comes into session. some will raise our hands and take our oath to the constitution. others will take their oath to grover norquist. >> coom meeting ceremonies. >> grover, you know, the temple on 16th street. >> maybe the capitol grill, k street. it's unbelievable. >> carnalishment this is something i hope you can get in the debate is why we are here in the first lace that republicans put us on the path to the fiscal cliff by not doing what congress -- dozens of congresses have done, which is to extend the debt limit, not spend more money on getting into debt. >> that's to pay the interest on the debt we already 0. >> that's exact righ
if they have to push this economy off a cliff in order to protect billionaires, many are willing to do it. >> it didn't last long? did it? karl, last week, all the big story was four or five said we are ready. >> a few got removed from committees and everybody was back in line. >> they come out with this plan that john boehner basically is saying, no, no no. we are still -- grover is still calling the shots. he is. right? >> january 3rd, the new congress comes into...
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. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. so check out the web site. just google elizabeth warren. i think i want to write her a check plyself. i would really love to see her join the ranks of the united states senate and get rid of scott brown. 1-866-55-press. ♪ >> sorry if it seems forward, but i had to give that -- >> announcer: stephanie miller. . >> -- the test drive, and let me say, wow. [ laughter ] >> stephanie: thank you. thank you very much. i am a smooth drive. 1-800-steph-1-2 the phone number toll free from anywhere. ed in houston you are on the "stephanie miller show." hi ed. >> caller: good morning, miss miller, and good morning to the guys. >> hello. >> good morning. >> caller: my question as i presented to t-bone was why don't we just go ahead and allow the trigger to fall into effect? why don't we say okay you guys don't want to make a deal fine. we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-inc
. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. so check out the web site. just google elizabeth warren. i think i want to write her a check plyself. i would really love to see her join the ranks of the united states senate and get rid of scott brown. 1-866-55-press. ♪ >> sorry if it seems forward, but i had to give that -- >> announcer: stephanie miller. . >> -- the test drive, and let me say, wow. [ laughter ]...
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economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're just as relevant today when we were importing 60% vs. 40% and continuing to go down. they also fall along what senator blunt said house well. but you see from when we have the oil crisis, there is no such thing as energy independence. some fear we define the problem as energy independence and it is all about imported oil. but then we solve a problem. we have been saying we needed to end our dependence on foreign oil, but the truth is we have a dependence on oil and any thing that happens anywhere in the world affects us here. if w
economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're...
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this impacts the economy and uncertainty out there that is lingering is creating havoc with our economy and our states and in my particular budget, not only don't we have growth money which we're anticipating in utah which is having a pretty healthy economy, we could take as much as a $500 million loss in revenue strings because of not getting it resolved. we're going to encourage people to come together and get it done. we're also saying that states are willing to do our part. we understand this will be a shared sacrifice as you have to look at spending cuts. states are willing to do more with less. we're asking for more flexibility. it's a common theme that we've talked about with the president, with congress. give us more flexibility. take away some of the strings and we can do more with less, help you balance your budget. >> governor walker what exactly did you say to our president and did you talk about taxes? >> well, in our case, as jack and mary both mentioned, we're not here as individual governors. we're here as part of the national governors so tp it wasn't to discuss a speci
this impacts the economy and uncertainty out there that is lingering is creating havoc with our economy and our states and in my particular budget, not only don't we have growth money which we're anticipating in utah which is having a pretty healthy economy, we could take as much as a $500 million loss in revenue strings because of not getting it resolved. we're going to encourage people to come together and get it done. we're also saying that states are willing to do our part. we understand...
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i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take confidence-building measures that are verifiable, we are prepared to reciprocate. what we will not do is talk indefinitely. the window for negotiation will not stay open forever. president obama has made that clear, and by now i think it should be clear this is a president who does not bluff. he says what he means, and he means what he says. the second shared goal i want to discuss is this -- now that rocket fire from gaza has stopped, america and israel have to work together with partners in the region to turn the ceasefire into a lasting calm. now, we have no illusions about those who launched the r
i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take...
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the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean our offices. there. there you will find the dreams america was built on. there you will find the promise of tomorrow. their journey is also our nation's destiny. and if they can give their children what our parents gave us, well then life in 21st century america can be better than it has ever been. may god bless all of you. and may god bless the united states of america. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> on friday, vice president joe biden v
the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean...
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economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
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who are in the proximity of the regime, that are gravely benefiting from the skewed balance of the economy in the current situation. i just want to give one example of one of the many, many things that could be done. there's one thing we all understand in this room which is corporate responsibility. it's not just a company that gets fined or the bank. but it's also senior manage; the people who were actually personally responsible for the bad decisions. we have sanctioned hundreds of iranian companies, but most of the ceos and the senior managers of those companies, who are often times -- because we identified the link -- members or former members of the revolutionary guard. the senior manager, ceos, former revolutionary guard, and they are not sanctioned, free to travel, and free to have bank accounts in malaysia and switzerland and all the places where they're still able to move about. we should go after them as well and make it known the iranians that our sanctions are not going after ordinary people but after the regime. >> i'd like to open it up to questions from the audience. we have
who are in the proximity of the regime, that are gravely benefiting from the skewed balance of the economy in the current situation. i just want to give one example of one of the many, many things that could be done. there's one thing we all understand in this room which is corporate responsibility. it's not just a company that gets fined or the bank. but it's also senior manage; the people who were actually personally responsible for the bad decisions. we have sanctioned hundreds of iranian...
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and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
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economy. china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois, republican, >> caller: man. >> host: your on. >> guest: there is an old saying. we will talk on the war is over. we have been a war for 209 years how would you possibly think of cutting defense when in my humble opinion i think we could use fewer, less fat people and take care of entitlements. thank you. >> host: debra in ohio. democratic column. go ahead. >> caller: i was thinking, on this year fiscal cliff, to save money, why can't they put a tab on what these greedy hospitals, doctors, ambulance, lifelike, prescriptio
economy. china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois,...
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the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to create prosperity. we have to do that in a unified way because, even though the forecast can look bleak at different times, we have an incredibly resilient economy. great job create, out there given the chance which make a big difference. that is what we have to continue working on. melissa: jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like get pistol-whipped when
the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to...
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but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in t
but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans...
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struggling economy on the surface reports. well everyone now madly picking their way through the facts and figures and while was there a lot of. one thing that was very very clear and so the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we see is that borrowing has gone up the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so we're now facing an extended austerity program is going to take its right away three to twenty eightieth's a pretty gloomy outlook and this is what we were expecting a bit of course that's going to really not be more millions of families all across the again to one thing here and of course this is really getting seated in real terms have to speak to us more about this or some statement by the chance that today i'm jo
struggling economy on the surface reports. well everyone now madly picking their way through the facts and figures and while was there a lot of. one thing that was very very clear and so the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we see is that borrowing has gone up the debt...
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he's been campaigning on how the economy is getting better. this backs his point of the economy is getting better. he can now say we're seeing improvement. this sort of goes back to his point like trust me, this is all good. you can take my word. this is what we need to do to keep moving the economy forward. >> ed, what about things being accomplished in these face-to-face talks with the president and speaker boehner? doesn't speaker boehner, he still has to answer to the tea party to some degree. >> to some degree. but this week there was a bit of a power grab by the speaker where he kind of punished about four or five more conservative members of his caucus by reassigning them off of more prominent committees and basically telling them, look, if you're not in lock step with me, you're going to face consequences. that added to sort of a growing sense of unity, caucus generally trusts he's going to negotiate a deal amenable to them. he still seems to have his party's back. we'll see. if he appears to give too much, certainly he might face a bi
he's been campaigning on how the economy is getting better. this backs his point of the economy is getting better. he can now say we're seeing improvement. this sort of goes back to his point like trust me, this is all good. you can take my word. this is what we need to do to keep moving the economy forward. >> ed, what about things being accomplished in these face-to-face talks with the president and speaker boehner? doesn't speaker boehner, he still has to answer to the tea party to...
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economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they hadn't been talking for some type. mayor villaraigosa coming in from overseas trip last night, 10:30, 11:00 pacific time, went straight to negotiations not far from here. he's been there all night long on their backs and he's doing a press conference in 25 minutes or so. that probably means there is a deal at hand. >> a billion dollars a day, i hope they're bringing out all of the stops at this point. if you're out there, check one of those carriers and see if perhaps my ninjago is there for my kid. it's going to drive me crazy. >> re
economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they...
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economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will d
economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will d
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economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will directly impact how the global economy does. financial markets are also waiting on new forecasts from the federal reserve, but any positives could be dampened by uncertainty about what's going to happen with the fiscal cliff. >>> in egypt, opponents of morsi are calling for a major march on the presidential -- in
economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will directly impact how the global economy does. financial markets are also waiting on...
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at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's the issue. >> you're saying now that the president should outline the cuts because nobody is going the table to say this has to come off. >> the president has to come up with a reasonable solution that sells. >> why should he if he can blame the republicans? >> at the end of the day, its the era of this president. no one remembers who the speaker was during the depression. >> right. sounds like august 2011, the republicans took a beating over what happened. guess who really paid the price? the pr
at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants....
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building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. coming up its capital account with hosting the list and that after the break. if you are passing through russia's very region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterprising locals so the fruits of the forest by the side of nearly every road. such spectacular scenery makes it a paradise for fisherman and provides a business opportunity for hunter is. going on he has been hunting for more than thirty years and works for a company providing expeditions for tourists this season ducks are on the menu. for two things a successful duck hunt a. silence which means that i need to be very quiet right in the. office. but when you've been in the business as long as he has the birds don't stand much chance. there are defined hunting seasons in russia but lax enforcement means many animals are killed out of
building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. coming up its capital account with hosting the list and that after the break. if you are passing through russia's very region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterprising locals so the fruits of...
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and that kind of agreement would be good for our businesses, it'd be good for our economy, it would be good for our children's future and i believe that both parties can agree on a frame work that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> so right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're willing to make and we'd like to thank the president for adopting the fox news slogan there and as we get closer to the fiscal cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed though, i think it's really a role call, daniel new house and mary anne shiner, says simpson and bowls are no longer part
and that kind of agreement would be good for our businesses, it'd be good for our economy, it would be good for our children's future and i believe that both parties can agree on a frame work that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> so right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts...
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is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour with a look at how london has voiced what many brits have long been thinking and the news continues financial crisis the head of the british capital urged the u.k. to hold a referendum over the country's membership making an exit and likely prospect of more nuts and other stories after a short break. tucked in between the russian mainland japan and the sun coming island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of
is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour...
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and if him and it's also his breaking the set turns to the volatile middle east as a bring you a complex of of you all the latest developments in syria palestine and israel. wealthy british style it's an estimate on the type of. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news june in two cars a report on our to. do we speak your language anything about the war not a day of. school news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all teach spanish to find out more visit i to all tito it's calm. in motion to be soo much brighter if you know about song from feinstein pression it's. nice friends don't totty don't come. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you though
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and if him and it's also his breaking the set turns to the volatile middle east as a bring you a complex of of you all the latest developments in syria palestine and israel. wealthy british style it's an estimate on the type of. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news june in two cars a report...
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find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to it as terrorists and paedophiles. and israel seriously rebuff the un calls to reveal the truth about its nuclear program fusing to acknowledge it has atomic weapons all provide proof it doesn't. it's three pm here in moscow you love with us on our t. get she have you with us this afternoon opposition groups in egypt have issued a set of demands to the country's president mohamed morsi aimed at scrapping his latest political drives this fall as a few stand off outside the presidential palace in cairo which reportedly falls a gyptian leader to feed the building locally based on reports has more.
find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to...
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economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we were a. bit of course going to really not be what millions of families all across the again one theory because this is when you get anything. now to speak tell us more about this haunting statement and the challenge that today i'm joined by a labor m.p. and the public so they public health minister thank you for joining us the british economy is slowly healing according to chancellor george osborne what was your reaction well i thought that was a very silly statement the truth is every prophecy every target. he has he has not met his targets he's not going to deal with the deficit. growth on gr
economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report. let's cut cut. cut. cut. live. and you can. still. listen to the. live. welcome back to cross the time people go to mind you were talking about the future of a kurdish state. live. and you can. live . ok and we're trying to go back to you in washington it seems to me the kurds are turning into you know a privileged people in western media and western government because they really would like to see a kurdish state because iran's involved israel's involved the problem is is turkey . well yes and as we were speaking just before the break i was explaining that there is a positive outcome here actually for turkey i believe and and that is but if we keep in mind that the underlying. element that animates this what we call the arab awakening is a desire for democratic aspirations more than it is for some relative advantage of one ethnic or sectarian group over another well let me add come i swear to me because i haven't seen a whole
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report. let's cut cut. cut. cut. live. and you can. still. listen to the. live. welcome back to cross the time people go to mind you were talking about the future of a kurdish state. live. and you can. live . ok and we're trying to go back to you in washington it seems to me the kurds are turning into you know a privileged people in western...